BalkrishnaINd Making Lower lows on charts. For early indication, we go down on Hourly charts.
As prices are moving down RSI is not making Lower Lows. (Marked with red arrow)
You can check on the lower time frame also on 15 min/ 5min charts. It's an accumulation zone for the stock which can give a good up move in few days.
SL stays if RSI breaks the pattern and makes a new low or support zone break. IF you can observe it's not breaking the RSI level of 40 on daily charts. Which can also give us buy for Grand Father, Father and son strategy.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.